Xperi Q2 2024: GAAP loss per share $0.67, non-GAAP EPS $0.12; signs 7th TiVo OS partner

Xperi Inc.

2024-Q2 EPS reported -$0.97 revenue$238,435,000

Q2 revenue $119.6M (down 5.8% YoY including $4.5M from divested AutoSense); GAAP net loss $30.3M vs $38.4M.
Non-GAAP operating income $8.3M vs loss $1.2M; adjusted EBITDA $14.6M vs $5.2M YoY.
Signed seventh TV partner for TiVo OS integration and three new operators for TiVo Broadband.
Board adds Jeremi Gorman and Rod Randall with ad-tech and capital allocation expertise.

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